Okla. Stat. tit. 54 § 500-1002A

Current through Laws 2024, c. 453.

Section 500-1002A - Derivative action

A partner may maintain a derivative action to enforce a right of a limited partnership if:

(1) the partner first makes a demand on the general partners, requesting that they cause the limited partnership to bring an action to enforce the right, and the general partners do not bring the action within a reasonable time; or

(2) a demand would be futile.

Okla. Stat. tit. 54, § 500-1002A

Added by Laws 2010 , SB 1132, c. 384, § 84, eff. 1/1/2011.